Sparks Corporation has a cash balance of $12,300 on April 1. The company must maintain a minimum cash balance of $10,000. During April, expected cash receipts are $56,000. Cash disbursements during the month are expected to total $64,000. Ignoring interest payments, during April the company will need to borrow:

Multiple Choice $5,700

$4,300

$10,000

$8,000